PlayStation Boss Jim Ryan Is Retiring After Almost 30 Years at Sony

gadgets.ndtv.com:

Jim Ryan, PlayStation head and CEO of Sony Interactive Entertainment, is leaving the company after an almost 30-year stint. In a press release, Sony confirmed that he will be retiring in March 2024, with COO Hiroki Totoki being appointed as the interim CEO of the company from April 1, 2024. Ryan merely served four years as CEO, having replaced John Kodera in 2019, and most notably oversaw the launch of the PS5, which has sold over 40 million units worldwide, as of July. It's unclear who will eventually be taking over as the new CEO, but for the time being, Totoki will assume the role of SIE chairman in October.

“As you will have seen today in the news, I have announced my retirement after nearly 30 years at Sony Interactive Entertainment,” Ryan said in a prepared statement. “I did not take this decision lightly and I absolutely love SIE and our community, but of late I've been finding it increasingly difficult to strike the right balance between having my home in the UK and my job in the United States.” Prior to Sony's press release, Bloomberg games reporter Jason Schreier broke the news about the exit, causing some to wonder if it had something to do with Ryan not being able to block the Microsoft x Activision Blizzard deal. As it turns out, he's simply retiring and is thankful for what the company has achieved across generations.

Jim Ryan thanks the PlayStation community as he announces his plans to retire from Sony Interactive Entertainment in March 2024: https://t.co/FFarEpedBh

Meanwhile, Totoki will ‘work closely' with Sony Group Corporation Chairman and CEO Kenichiro Yoshida to navigate the future of PlayStation and even decide who will take over the CEO role. Personally, I think it'd be interesting to see if